2023 Spring Budget
We are aware of the changes to the annual allowance and the lifetime allowance (along with other pensions tax thresholds) in the Spring Budget on 15 March 2023. Next steps are being considered and updates will be available in due course.
The Pace and Somerfield Trustees need your help, we've written to our overseas pensioners.
Find out how you can help us update our records.
Pace DC - Retirement Options
We've worked with Legal & General to create an online retirement portal to help you explore and understand all your retirement options and where you can get further support – helping you make the right decision for you and your personal circumstances. Click "Read more" for more information
Trustee’s response to current market conditions
It is understandable if you are concerned about the impact recent financial market movements may have had on your pension and we wanted to reassure you that the Trustees and sponsoring employer(s) of the pension scheme are watching developments closely to ensure your benefits are looked after.
New Pace DC Investment Option - Shariah Fund
We’ve made a change to the funds offered to members. We’ve introduced a new fund, the Pace Growth (Shariah) Fund to the self-select fund range. This fund is available to all Pace DC members now - click on the ‘read more’ button for more information.
Since April 2020, the majority of Pace pensioners have been able to access their pension information online, keep their own details up to date and view, print and save P60s and payslips. Over 1,000 Pace pensioners have signed up so far! Click on the register button to sign up!